Wednesday, July 25, 2012

Sales Velocity Slowing in West Central Palm Beach County!! - News

Is the sales velocity of certain markets slowing down or are we just seeing a blimp in the data?  On FastFloridaAppraisals.com, we have a free service called the Comp Reporter.  The Comp Reporter scans markets and posts recent closed sales activity for certain areas.  We have noticed in the past 7 days one area showing a slowdown in closed activity.  This area is in Western Palm Beach County West of Haverhill Rd, North of Boynton Beach Blvd, South of Lake Worth Blvd and East of 441.

Read More: Sales Velocity Slowing in West Central Palm Beach County!! - News

Friday, July 20, 2012

President Obama visits the top 1% in Palm Beach County - News

President Obama visited Palm Beach County Florida this past week and stayed overnight in the town of Manalapan.  Due to the recent press from the President’s visit we decided to look into the home price trends for the town of Manalapan.  Manalapan is a wealthy small coastal town in Eastern Palm Beach County nestled between Lantana and Boynton Beach.   In fact, as of the President’s stay if you wanted to look at a home in Manalapan, the average listing of available property is $10,727,623!  Okay, so you’re not in the market for the average property and would like to trade down and purchase something small.   You’re in luck; the lowest available home in Manalapan is only $1,825,000!  Yes, you need to be a big time player to reside in the town of Manalapan.  The top of the market is very pricey and represents homes priced from $25,000,000 to $29,500,000.

Read More:  President Obama visits the top 1% in Palm Beach County - News

Monday, July 16, 2012

Greenacres Community Holds Steady - News

This market report is for a residential cluster in the city of Greenacres, Florida in Palm Beach County.  The zip code for this area is 33463 with the neighborhood boundaries defined as Lake Worth Rd to the South, Haverhill Rd to the East, 10th Ave N to the North, Fleming Ave to the West.  This residential cluster is made up of predominately SFR built in the 1960’s to 70’s with some recent spec homes built in the early to mid 2000’s.

Get the property values in this area now: Greenacres Community Holds Steady - News

Monday, July 9, 2012

Nautica Isles Sales Volume Strong - News

Nautica Isles is a Master Planned Community in Greenacres Florida.  The project was originally developed by GL Homes with construction breaking ground in 2000 with delivery of homes originally taking place in 2001 and 2002.  The community is made up of Nautica Isles and Nautica Isles West.  The two communities feature the same models and floorplans with similar community amenities.

Read More: Nautica Isles Sales Volume Strong - News